in € million

 

Rental

 

Value-add

 

Recurring Sales

 

Develop­ment

 

Segments total

 

Other*

 

Consoli­dation*

 

Group

*

The income for the Rental, Value-add, and Development segments constitutes income that is regularly reported to the Management Board as the chief operating decision-maker and that reflects Vonovia’s sustainable business. The income/costs in the “Other” and “Consolidation” columns do not form part of the Management Board’s segment management. The Sales segment reported in the previous year has been split into Recurring Sales and (shown under “Other”) and the costs associated with the transaction holding area have been allocated to the Rental segment.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Jan.1 - Dec. 31, 2017

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Segment income

 

1,667.9

 

1,170.5

 

305.9

 

–

 

3,144.3

 

900.5

 

-446.8

 

3,598.0

thereof external income

 

1,667.9

 

161.6

 

305.9

 

–

 

2,135.4

 

900.5

 

562.1

 

3,598.0

thereof internal income

 

–

 

1,008.9

 

–

 

–

 

1,008.9

 

–

 

-1,008.9

 

 

Carrying amount of assets sold

 

 

 

 

 

-265.7

 

–

 

-265.7

 

-870.3

 

 

 

 

Revaluation from disposal of assets held for sale

 

 

 

 

 

35.1

 

 

 

35.1

 

35.4

 

 

 

 

Expenses for maintenance

 

-258.0

 

 

 

 

 

 

 

-258.0

 

 

 

 

 

 

Production costs development

 

 

 

 

 

 

 

 

 

–

 

 

 

 

 

 

Operating expenses

 

-261.2

 

-1,068.4

 

-13.1

 

–

 

-1,342.7

 

-15.7

 

418.9

 

 

Net income from fair value adjustments of new construction/development to hold

 

 

 

 

 

 

 

6.7

 

6.7

 

 

 

-6.7

 

 

Adjusted EBITDA Total

 

1,148.7

 

102.1

 

62.2

 

6.7

 

1,319.7

 

49.9

 

-34.6

 

1,335.0

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Non-recurring items

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

-86.9

Period adjustments from assets held for sale

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

10.7

Income from investments in other real estate companies

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

13.0

EBITDA IFRS

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1,271.8

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income from fair value adjustments of investment properties

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

3,434.1

Depreciation and amortization

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

-372.2

Income from other investments

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

-20.1

Financial income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

46.8

Financial expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

-353.0

EBT

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

4,007.4

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income taxes

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

-1,440.5

Profit for the period

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2,566.9